Exchanges

Cryptocurrency exchanges reviews: Cryptocurrency exchanges provide a platform on which you can buy or trade alternative cryptocurrencies. Once you have gained the basic knowledge on buying and selling Bitcoin (BTC), you might like to expand your cryptocurrency portfolio. In order to trade BTC and access the cryptocurrency market to get your hands on a variety of altcoins, you will need to register with cryptocurrency exchanges.

Cryptocurrency Exchanges Reviews: the best cryptocurrency trading platforms accessible in the UK.

Here is a list of some of the best-known cryptocurrency exchanges including a short review to help you choose the right one for you.

CoinbasePro (formerly known as GDAX) is a Coinbase owned crypto exchange and you can use the same login credentials for both. (Nice!) Bank account deposits are free and transfers from Coinbase into CoinbasePro are also free. It is particularly useful if you are making many small transactions or very large once. But if you are based in the UK you will not be able to trade any USD pairs (like BTC/USD), only GBP and EUR. Also, there are only 5 cryptocurrencies listed (BTC, ETH, LTC, BCH and ETC). The taker fee is between 0.10% and 0.30% and the maker fee is 0%.

CEX.IO is a beginner friendly cryptocurrency exchange headquartered in the UK. You can use your debit or credit card to purchase Bitcoin (BTC) and Ethereum (ETH). Buying and selling BTC is easy, but you can only hold USD, EUR or RUB (no GBP) on the exchange. So no trading in GBP and you would need to withdraw in Euros or US dollars. There is also a trading platform with many more cryptocurrency trading pairs, charts, and indicators. The exchange platform is backed by a helpful customer support team and the daily deposit and withdrawal limit for a verified account is comparatively high at $10,000.

Kraken is one of the oldest, safest and best-respected cryptocurrency exchanges reviewed. It is based in the US and allows transactions in fiat currency (EUR, USD, CAD and JPY). Fees start from 0% and depend primarily on the trade size. This exchange platforms also offers 24/7 customer support. Monthly withdrawal limits start from $20,000.

Bittrex is a US-based cryptocurrency exchange that offers more than 250 cryptocurrency trading pairs. It is possible to buy Bitcoin with fiat but you will need an “enhanced verified” account and a minimum spend of $10,000. The interface is great for candlestick trading and supports trading indicators such as MACD, Bollinger, and others. It is quick and simple to send and receive bitcoin and any of the other supported altcoins to and from their corresponding Bittrex wallets. The buy and sell trades have a flat commission fee of 0.25%.

Bitfinex is a popular all-crypto exchange although it supports Tether (USDT), the US dollar-pegged fiat token. It’s currently the largest Bitcoin exchange by volume with more than 50 trading pairs. The exchange also features a customizable GUI and plentiful order types, such as limit, market, stop, stop-limit, trailing stop etc., which makes it a preferred platform for advanced cryptocurrency traders.

Poloniex supports most major altcoins and you can trade on their BTC, ETH and USTD markets. The verification process is easy and fast but it is not possible to buy or trade with fiat currency. Their commission fees are 0.15% for the maker and 0.25% for the taker on trades up to 600 BTC. The all-cryptocurrency exchange is headquartered in the US but has attracted traders from all around the globe.

Changelly is a cryptocurrency exchange where you can shift between coins. You can also buy bitcoin directly with a debit or credit card, although the fees for that are quite high. It has a smooth user-friendly interface and a responsive support team behind it. Headquartered in Prague this exchange has gained popularity quickly. Changelly also partners with Coinomi, where it is integrated as an API to allow you to exchange altcoins without leaving your wallet.

Disclaimer: This information should not be interpreted as investment or trading advice. Bitcoin and other cryptocurrencies can be extremely volatile and you should always do your due diligence and research on the product, service and legal and regulatory requirements before deciding to invest or trade. We do not take any responsibility for any possible losses you may incur.